Improvements in cyber security and business continuity are helping to combat encryption-based ransomware attacks, yet the cyber threat landscape is continually evolving.
Protecting an organization against intrusion remains a cat and mouse game, in which the cyber criminals have the advantage.
It could also enhance cyber security, with more effective and faster detection and threat intelligence.
We can expect an increased utilization of AI by malicious actors in the future, necessitating even stronger cyber security measures.
Voice simulation software has been a recent addition to the cyber criminal's arsenal.
Lax security and the mixing of personal and corporate data on mobile devices, including smartphones, tablets and laptops, is making for an attractive target for cyber criminals.
Allianz Commercial has seen a growing number of incidents caused by poor cyber security around mobile devices.
Cyber criminals are now targeting mobile devices with specific malware in order to gain remote access, steal login credentials, or to deploy ransomware.
Personal devices, in particular, tend to have less stringent security measures.
IoT devices do not have a good track record when it comes to cyber security.
Many IoT devices are not inherently secure, while the sheer number of these devices globally and the addition of AI could result in a very serious cyber threat.
A growing shortage of cyber security professionals will increasingly complicate cyber security efforts, potentially increasing the chances of successful attacks in the future.
The current global cyber security workforce gap stands at 3.4 million people, according to the ISC2, a non-profit member organization for cyber security professionals, with demand for cyber professionals growing twice as fast as supply.
Some 70% of organizations say they do not have enough cyber security staff to be effective.
Gartner predicts that a lack of talent or human failure will be responsible for over half of significant cyber incidents by 2025.
There is a crisis in technical skills for cyber security.
It's very hard to get good cyber security engineers, which means companies are more exposed to cyber events.
Without skilled cyber security people, it is harder to predict and prevent incidents, which could mean more losses in the future.
The shortage of cyber security experts also impacts the cost of responding to a cyber incident.
In his previous roles, he has worked across all levels of process development, ranging from onsite engineer to the design and implementation of cyber security policies.
This Cyber News was published on www.cyberdefensemagazine.com. Publication date: Tue, 09 Apr 2024 15:13:05 +0000